Famous Morgan Silver Dollar Coins are essential for any collector of American Silver Dollars.
1878-1904 Morgan Silver Dollars - What is a Morgan Silver Dollar? The Morgan Silver Dollar is a dollar coin minted by the U.S. from 1878 to 1904 and then again in 1921. The Morgan Silver Dollar is one of the most collected and collectible U.S. coins in history.
These large Silver coins are known for their value, quality of strike, design and beauty. Although it is probably the most common of all 19th-century U.S. coins, Morgan Silver Dollars hold vast historical significance, being a major part of America’s early development westward. There are many varieties and overdates, which makes collecting Morgan Silver Dollars a real challenge.
Morgan Dollars were considered rare in 1962, when a cache of these Silver coins was found in a vault at the Philadelphia Mint. This discovery started a rush to exchange Silver certificates for Morgan Silver Dollars and Peace Dollars. People were lined up at the Washington D.C. Treasury building, some even bringing wheelbarrows to haul off the Silver coins. By 1964, U.S. citizens could no longer exchange certificates for Morgan Silver Dollars and other Silver coins. The U.S. government decided to sell the remaining Silver coins, taking in $107 million from 1972 to 1980. Among the coins sold were 2.8 million American Silver Dollars made at the Carson City Mint, including the Morgan Dollars. How much are Morgan dollars worth? The value of Morgan dollars depends on several factors such as age and condition. Start by researching Morgan dollars at APMEX to get an idea of the value of your Morgan dollar.
Collect Morgan Silver Dollar coins and collect a piece of history with these American Silver Dollars minted from 1878-1904.
Collecting the Morgan Silver Dollar can be a lot of fun and a rewarding investment. People who love history love learning about the history of Morgan Dollars. These American Silver Dollars and other rare Silver coins are also great for investments. To make the most out of Morgan Silver Dollars and other Silver coins in your collection, follow some simple guidelines.
What are Morgan Silver Dollars? Morgan Silver Dollars are a dollar coin minted by the U.S. from 1878 to 1904, and then again in 1921. Morgan Silver Dollars are an essential piece for every collector.
The Morgan Silver Dollar is one of many highly sought after coins, which means the price is higher than more abundant coins, but the payoff can also be higher. People who buy Morgan Dollars should consider how long they want to keep the Silver coins. The best Morgan Silver Dollars will be in the best condition. Any American Silver Dollars also pick up value if they have an interesting history behind their creation.
The Morgan Silver Dollar is one of many American Silver Dollars that are rare and highly sought after pieces of 19th and 20th century history. Minted during the heyday of westward migration, Morgan Dollars would have been used by both gunslingers buying a shot of whiskey as well as railroad barons and other wealthy tycoons playing poker at the bar and impressing women at the dance halls. Named after its designer George T. Morgan, these American Silver Dollars feature a Liberty head that was inspired by Anna Willess Williams, a Philadelphia resident, making Morgan Silver Dollars truly American, departing from the typical Greek figures used on previous issues.
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